Is An IT Contractors Rate Beginning To Stabilise?

2009 was a tough year for the UK economy and even more so with contractors across many industries. Contractors in IT seemed to be one of the hardest hit with contracts being terminated early as well as their daily or hourly rates being slashed.
A survey in 2009 highlighted that a quarter of IT departments said [...]

Opportunities For IT Contractors In The Banking Sector

Tech research firm Gartner recently released figures which suggested that IT spend would increase this year, with 43% of the senior decision makers they spoke to saying that their IT spend would rise. This signals opportunities for contractors looking for work in the IT sector.
Banking, software and telecoms look like being hot sectors for the [...]

IT Contractors Are Confident That Demand Is Set To Increase

In the next year, the financial services sector is expected to start hiring again which has led many IT contractors to the conclusion that this will have the effect of stimulating demand for IT contractors. Team leaders at investment banks were forced to let contractors go following the collapse of Lehman Brothers’ but these same [...]

Green Shoots Of Recovery In The Contractor Marketplace?

Contractor Calculator recently published their monthly market report. The report this month highlights developments in the contractor marketplace, and the potential impact of these developments. Although it appears the demand for IT contractors in increasing, demand has fallen for engineers and telecoms contractors.
The Monster Employment Index showed demand for IT workers increased by 3%. Interim [...]

IT Contractors Continue To Lose Out

For some time now, UK contractors working within the IT sector have been struggling to secure contracts as large companies have been using a government scheme to employ people from overseas instead. Using intra-company transfer visas, they have moved employees from overseas bases, usually in India, to UK jobs. The BBC first highlighted their concerns [...]

Concerns for IT Contractors in Scotland

The Professional Contractors Group have raised concerns that Scottish bank workers are increasingly being replaced by migrants as large companies exploit a loophole in the immigration rules. According to a lobby group representing the interests of freelance workers and contractors, firms including Lloyds TSB, which owns HBOS and Royal Bank of Scotland are misusing a [...]